The Urban Institute estimates that the change would cause a total of 22.5 million people to lose their health insurance. The law also required insurance plans to allow adult children to stay on their parents’ policies until age 26. Photo4) Obamacare required individuals to have health insurance and companies to offer it to their workers. Photo5) Obamacare raised taxes related to high incomes, prescription drugs, medical devices and health insurance. Republicans in Congress have long talked about even more ambitious changes to Medicare, intended to move more beneficiaries into private insurance coverage.

Source: New York Times January 13, 2017 20:39 UTC